Production Performance of Oil & Natural Gas Sector for the month of October, 2015

Production Performance of Oil & Natural Gas
Sector for the month of October, 2015

1.
Crude Oil Production

1.1
Indigenous crude oil production (including condensate) during October, 2015 was
3151.178 TMT which is 2.53% higher than the target for the month and 2.08%
lower than the production during corresponding period of last year. Cumulative
crude oil production during April-October, 2015 was 21831.941 TMT which is
1.49% higher than target for the period and 0.06% higher than the production
during corresponding period of last year. Unit-wise and state-wise crude oil
production is given at Annexure-I. Unit-wise crude oil production (including
condensate) for the month of October, 2015 and cumulatively for the period
April-October, 2015 vis-à-vis same period of last year has been shown in
Table-1.1 and month-wise in Figure-1.1

Table 1.1: Crude Oil Production (TMT)

Oil
Company

Target

October
(Month)

April-October
(Cumulative)

2015-16
(Apr-Mar)

2015-16

2014-15

%
over last year

2015-16

2014-15

%
over last year

Target

Prod.

Prod.

Target

Prod.

Prod.

ONGC

22732

1858

1909

1903

100.32

13184

13151

12967

101.42

OIL

3595

306

266

297

89.50

2069

1916

2005

95.54

PSC Fields

10719

910

976

1018

95.90

6258

6766

6848

98.80

Total

37046

3073

3151

3218

97.92

21511

21832

21819

100.06

Figure-1: Monthly Crude
Oil Production

1.2
ONGC’s crude oil production during
October, 2015 was 1909.353 TMT which is 2.76% higher than the target for the
month and 0.32% higher than the production achieved in the corresponding month
of last year. ONGC’s cumulative production during April-October, 2015 was
13150.789 TMT which is 0.25% lower than the cumulative target and 1.42% higher
than the production during the corresponding period of last year. The shortfall
in ONGC’s production was due to following reason:

ØAhmedabad:
Lower production due to poor influx, ceasure of wells, increase in water cut
and power shut down

ØMehsana:
Less air injection in Santhal fields, increased number of sick wells

ØAssam:
Low Gas injection pressure, power shutdown & poor influx

1.3
OIL’s crude oil production
during October 2015 was 265.949 TMT which is 12.97% lower than the target for
the month and 10.50% lower than the production achieved in the corresponding
month of last year. OIL’s cumulative production during April-October, 2015 was
1915.610 TMT which is 7.41% lower than the cumulative target and 4.46% lower
than the production during the corresponding period of last year. Reasons for
shortfall in production are given below:

ØRise
in water cut in wells of Greater Chandmari and Greater Hapjan Fields

1.4
Pvt. /JVs’ crude oil production
during October, 2015 was 975.876 TMT which is 7.27% higher than the target for
the month and 4.10% lower than production of corresponding month of last year.
Pvt./JVs’ cumulative production during April-October, 2015 was 6765.542 TMT
which is 8.11% higher than the cumulative target and 1.20% lower than the
production during the corresponding period of last year. Reasons for shortfall
in production are given below:

ØCairn:
Natural decline in Ravva and underperformance of Bhagyam wells in RJ-ON-90/1

ØRIL:
Under performance of wells in KG-D6

ØJV of
ONGC,BG&RIL: Natural decline in Panna Mukta

ØGEOENPRO:
Sand ingress in Kharsang

2.
Natural Gas Production

2.1
Natural Gas Production during October, 2015 was 2795.024 MMSCM which is 6.77% lower than the
target for the month and 1.82% lower than the production during corresponding
period of last year. Cumulative natural gas production during April-October,
2015 was 19243.859 MMSCM which is 5.74% lower than the target for the period
and 2.10% lower than the production during corresponding period of last year.
Unit-wise and state-wise natural gas production is given at Annexure-II.
Unit-wise natural gas production for the month of October, 2015 and
cumulatively for the period April-October, 2015 vis-à-vis same period of last
year has been shown in Table-2.1 and month-wise in Figure-2.1.

Table 2.1: Natural Gas Production (MMSCM)

Oil
Company

Target

October
(Month)

April-October
(Cumulative)

2015-16
(Apr-Mar)

2015-16

2014-15

%
over last year

2015-16

2014-15

%
over last year

Target

Prod.

Prod.

Target

Prod.

Prod.

ONGC

23908

2025

1838

1873

98.15

13730

12676

12853

98.63

OIL

3010

273

254

222

114.50

1754

1598

1593

100.35

PSC Fields

8362

700

702

752

93.43

4932

4969

5210

95.37

Total

35280

2998

2795

2847

98.18

20416

19244

19656

97.90

Figure-2.1: Monthly Natural Gas Production

2.2
ONGC’s natural gas production
during October, 2015 was 1838.484 MMSCM which is 9.23% lower than the target
for the month and 1.85% lower than the production achieved in the corresponding
month of last year. ONGC’s cumulative natural gas production during April-October,
2015 was 12676.372 MMSCM which is 7.67% lower than the cumulative target and
1.37% lower than the production during the corresponding period of last year.
Reasons for the shortfall are given below:

vBassein & Satelite: Less production from new
well/side-track wells and decline in Bassein / B-55 fields

vEOA: Delay in commencement of production from one
deep water well. Closure of both the deep water wells of G1 field (G1-10 &
11) for maintenance activities in GAIL pipeline.

vAhmedabad: Closure of wells due to unplanned shut
down of GAIL Gas line from Ahmedabad/Kalol to Ramol. Decline in associated gas
production in South Kadi, Jhalora, Wadu & Peliyad fields

vTripura: Less off take by OTPC due to operational
issues

vRajahmundry: Closure of 40 wells due to repair of
GAIL pipelines in Tatipaka-Lanco & Endamaru-Oduru sections. Less off-take
due to maintenance of 18" Bodasakurru-Kakinada GAIL line.

vCauvery:
Closure of well for maintaining reservoir health. Decline in associated gas
production in Geleki & Lakwa fields

vAssam: Closure of
well for maintaining reservoir health. Decline in associated gas production in
Geleki & Lakwa fields

2.3
OIL’s natural
gas production during October, 2015 was 254.334 MMSCM which is 6.84% lower than
the target for the month and 14.50% higher than the production achieved in the
corresponding month of last year. OIL’s cumulative natural gas production
during April-October, 2015 was 1598.299 MMSCM which is 8.88% lower than the
cumulative target and 0.35% higher than the production during the corresponding
period of last year. Reasons for the shortfall are given below:

ØShortfall is mainly due to low uplifitment by Lakwa
Thermal Power Station and Brahmaputra Crackers & Polymers Limited.

ØProduction
& sale suffered due to OIL Blockade by Moran Students Union at Makum,
Hapjan and Hebeda areas from 3.00 PM of 20.10.2015 to 24.10.2015

2.4
Pvt. /JVs’ natural gas production during October, 2015 was
702.206 MMSCM which is 0.38% higher than the target for the month and 6.57%
lower than the production achieved in the corresponding month of last year.
Pvt. /JV’s cumulative natural gas production during April-October, 2015 was
4969.188 MMSCM which is 0.76% higher than the cumulative target and 4.63% lower
than the production during the corresponding period of last year. Reasons for
the shortfall are given below:

3.1
Refinery production during October, 2015 was 18268.543 TMT which is 4.22% lower than the
target for the month and 4.43% lower than the production during corresponding
period of last year. Cumulative production during April-October, 2015 was
130869.137 TMT which is 1.35% higher than the target for the period and 2.44%
higher than the production during corresponding period of last year. Unit-wise
production is given at Annexure-III. Unit-wise production for the month of
October, 2015 and cumulatively for the period April-October, 2015 vis-à-vis
same period of last year has been shown in Table-3.1 and month-wise in
Figure-3.1.

Table 3.1: Refinery Production (TMT)

Oil
Company

Target

October
(Month)

April-October
(Cumulative)

2015-16
(Apr-Mar)

2015-16

2014-15

%
over last year

2015-16

2014-15

%
over last year

Target

Actual

Actual

Target

Actual

Actual

IOCL

55000

4823

4706

4659

101.00

31456

31956

30932

103.31

BPCL

23197

1964

1782

1892

94.17

13737

13823

13327

103.72

HPCL

16200

1438

1524

1057

144.15

9149

9488

8821

107.56

CPCL

10800

948

669

852

78.51

6151

5549

6214

89.30

NRL

2700

242

233

248

93.88

1518

1399

1700

82.32

MRPL

15250

1000

972

1204

80.76

8150

8315

7915

105.05

ONGC

61

5

5

3

190.57

37

32

29

111.27

BORL

5200

500

613

612

100.22

2700

3658

3461

105.68

HMEL

9000

762

932

866

107.58

5262

6416

3377

189.99

RIL

68042

5987

6070

5987

101.39

40059

39830

40059

99.43

EOL

18793

1404

764

1736

43.99

10912

10404

11917

87.30

TOTAL

224242

19074

18269

19116

95.57

129131

130869

127753

102.44

Figure 3.1: Monthly Refinery Production (TMT)

3.2PSU
Refineries’ produciton during October, 2015 was 9890.397 TMT which is
5.09% lower than the target for the month and 0.25% lower than the production
achieved in the corresponding month of last year. Cumulative production of PSUs
during April-October, 2015 was 70562.232 TMT which is 0.52% higher than the
cumulative target and 2.36% higher than the production during the corresponding
period of last year. Reasons for shortfalls in PSU refineries are given below:

vCPCL, Manali: Throughput lower than target due to
higher intermediate stock built-up Production lowers mainly to contain VGO
production on account of delayed startup of Hydrocracker Unit after shutdown.

3.3Production
in JV refineries during October, 2015 was 1544.650 TMT which is 22.37%
higher than the target for the month and 4.53% higher than the production
achieved in the corresponding month of last year. Cumulative production in JV
refineries during April-October, 2015 was 10073.809 TMT which is 26.52% higher
than the cumulative target and 47.32% higher than the production during the
corresponding period of last year.

3.4
Production in private refineries during October, 2015 was 6833.496 TMT which is 7.54% lower than the
target for the month and 11.52% lower than the production achieved in the
corresponding month of last year. Cumulative production in private refineries
during April-October, 2015 was 50233.096 TMT which is 1.45% lower than the
cumulative target and 3.35% lower than the production during the corresponding
period of last year. Reasons for shortfalls in PSU refineries are given below:

vEOL,
Vadinar: Refinery was under planned shutdown from 17th September to 18th October,
2015.

3.5 Refinery-wise details of the
capacity utilization and Production of petroleum products during the month of
October, 2015 and cumulatively for the period April-October, 2015 vis-à-vis
April-October,2014 are given in Annexures-IV to V respectively.